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Nov 28, 2012
11/12
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i a not here to defend washington. none of this is being handled -- gerri: that would be to baggage up for all three of us put together. let me tell you. >> all of these things have to be dealt with. i can't disagree with that. think that there is this piecemeal approach to our problems that will solve anything. gerri: well, how likely given the fact that there is not even another meeting scheduled for everybody to get together and talk about this issue, how likely is it that we will get any kind of resolution before the end of t year? >> i think it's more likely each and every day that the democrats are willing to jump off the cliff. and i happen to believe that they are believing their own polling which they believe that the american people blame the republicans for going off the clif but the bottom line is we don't have a national election for two years. the public is a very short memory. the bottom line is either you deal with it this year, next year. it has to be dealt with because you know what's happening? what
i a not here to defend washington. none of this is being handled -- gerri: that would be to baggage up for all three of us put together. let me tell you. >> all of these things have to be dealt with. i can't disagree with that. think that there is this piecemeal approach to our problems that will solve anything. gerri: well, how likely given the fact that there is not even another meeting scheduled for everybody to get together and talk about this issue, how likely is it that we will get...
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Nov 27, 2012
11/12
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FBC
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the campaign continues in washington. congressional leaders admit talks over how to get the federal budget in order have slowed. congressional aides say they have received no and buy from the white house for another deficit meeting. instead, the president is hosting small business leaders, ceos, and heading to philadelphia to sell his position on taxes. a spokesman for the house speaker says the president should be focusing on congressional democrats who republicans they refuse to offer necessary spending cuts. other republicans said democrats are simply continuing election season. >> this seems like our friend on the other side are having difficulty turning off the campaign. we need to sit down and work this matter out. >> we are all here, this administration and those who have been elected to congress, to erve the iraqi people. to suggest that we should, now that the election is over, stop talking to them about these vital issues i think is bad advice. >> republicans also planted a little campaigning themselves. house r
the campaign continues in washington. congressional leaders admit talks over how to get the federal budget in order have slowed. congressional aides say they have received no and buy from the white house for another deficit meeting. instead, the president is hosting small business leaders, ceos, and heading to philadelphia to sell his position on taxes. a spokesman for the house speaker says the president should be focusing on congressional democrats who republicans they refuse to offer...
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Nov 27, 2012
11/12
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FOXNEWSW
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when it comes to getting more money to washington. but not nearly the same for control spending in washington. not when the union members descend on capitol today. and others demand social security be put off next year. here is what i'm seeing if the waning weeks of the year. tax hikes now, maybe, maybe spending cuts later, increasingly though unlikely. is washington finding more ways to feed the beast instead of entertaining the beast? this will come up next year. when they get to entitlement reform and tax reform. that is me saying i'll exercise and eat right. some day i might. this day i'm just not. here is the difference, my friend. i'm the one whose shirt buttons pop when i fail. we're the ones losing their shirts when they fail. look what they are doing in hollywood before my trip out west. these guys, you know, thank you.
when it comes to getting more money to washington. but not nearly the same for control spending in washington. not when the union members descend on capitol today. and others demand social security be put off next year. here is what i'm seeing if the waning weeks of the year. tax hikes now, maybe, maybe spending cuts later, increasingly though unlikely. is washington finding more ways to feed the beast instead of entertaining the beast? this will come up next year. when they get to entitlement...
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Nov 18, 2012
11/12
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CNNW
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this is "your money" and i'm going to show you the damage america could do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now. president obama says they're centering around increasing tax on the wealthy which will go a good way in increasing the revenue that he wants to raise in the next decade in an attempt to reduce the federal deficit. he wants to reinstate the bush tax cut which goes to the top 2% of earners. that would jump from 36% to 39%. he likes to say that's where it was during the clinton years. the second one would go from 36% to 39%. he's been focusing on this specific number since his reelection which suggests he may compromise on the actual rates in order to get a deal. there are other taxes as well he's talking about. t
this is "your money" and i'm going to show you the damage america could do to itself if washington allows us to go over the fiscal cliff. unemployment in the u.s. which has come down to to 20.9%, it could go up another 9%. according to a new research new york post poll, you clearly understand the danger of this fiscal cliff. 50% say it will have a major effect on the economy, 21% say a minor effect, 2% no effect, 10% say they don't know, which is why you're watching this right now....
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Nov 27, 2012
11/12
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fortunately colorado and washington saw that. >> you planning a vacation there soon? >> maybe they'll have a coffee house. >> you can have the willie nelson coffee chain, couldn't you? >> why not. >> let's take a break and talk about politics with you. a lot of stuff going on in the middle east and the election. let's get your take on it. ♪ i'm sorry i was blind ♪ but you were always on my mind ♪ ♪ you were always on my mind >> willie nelson's classic "always on my mind" is the author of two "new york times" best sellers. he's here with me along with the album. i love that song. >> "always on my mind." >> if you were consigned to a desert island and you could only listen to one song endlessly on a permanent replay, what would you choose? >> that would be really hard to say, because, you know, this is -- i just recorded a song with with dolly par ton that i think is the best song that -- she wrote it. i told her, i think this is the best song i've heard in a long time. >> you've always been political, but in an interesting way for a guy brought up in texas. you
fortunately colorado and washington saw that. >> you planning a vacation there soon? >> maybe they'll have a coffee house. >> you can have the willie nelson coffee chain, couldn't you? >> why not. >> let's take a break and talk about politics with you. a lot of stuff going on in the middle east and the election. let's get your take on it. ♪ i'm sorry i was blind ♪ but you were always on my mind ♪ ♪ you were always on my mind >> willie nelson's classic...
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Nov 28, 2012
11/12
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CNNW
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, approval ratings for everyone in washington are at record lows. but it does seem to be particularly poisonous. i thought this election campaign really plummeted new depths on occasion. >> as you know, it was reported that i canceled the saddleback civil forum on the presidency for this very reason. early in the election cycle, before the republican candidate had even been chosen, both sides talked to me about doing the civil forum again, and it was well received the last time, four years ago, and i thought well, okay, i'll think about it. but i just found that to be honest with you, in my personal opinion, neither side was really presenting a compelling vision of the future because there was so much negativity over the other guy as a jerk. we spent $2 billion on this election and literally, nothing changed. we have the same white house, we have the same congress and we have the same senate and i'm going what was that all about. was that really necessary, did that really prove the value of negative ads, did that really prove the value of demeaning
, approval ratings for everyone in washington are at record lows. but it does seem to be particularly poisonous. i thought this election campaign really plummeted new depths on occasion. >> as you know, it was reported that i canceled the saddleback civil forum on the presidency for this very reason. early in the election cycle, before the republican candidate had even been chosen, both sides talked to me about doing the civil forum again, and it was well received the last time, four...
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Nov 27, 2012
11/12
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CNNW
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fortunately colorado and washington saw that. >> you planning a vacation there soon? >> maybe they'll have a coffee house. >> you can have the willie nelson coffee chain, couldn't you? >> why not. >> let's take a break and talk about politics with you. a lot of stuff going on in the middle east and the election. let's get your take on it. if have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't
fortunately colorado and washington saw that. >> you planning a vacation there soon? >> maybe they'll have a coffee house. >> you can have the willie nelson coffee chain, couldn't you? >> why not. >> let's take a break and talk about politics with you. a lot of stuff going on in the middle east and the election. let's get your take on it. if have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a...
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Nov 27, 2012
11/12
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CNNW
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fortunately colorado and washington saw that. >> you planning a vacation there soon? >> maybe they'll have a coffee house. >> you can have the willie nelson coffee chain, couldn't you? >> why not. >> let's take a break and talk about politics with you. a lot of stuff going on in the middle east and the election. let's get your take on it. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. if ♪ i'm sorry i was blind ♪ but y
fortunately colorado and washington saw that. >> you planning a vacation there soon? >> maybe they'll have a coffee house. >> you can have the willie nelson coffee chain, couldn't you? >> why not. >> let's take a break and talk about politics with you. a lot of stuff going on in the middle east and the election. let's get your take on it. humans -- even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty...
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Nov 17, 2012
11/12
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CNNW
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the second district sent a businessman to washington. i go where the numbers lead me. and a careful analysis of our budget and trying to reconcile that with the americans for tax reform pledge led me to the clear decision that the pledge itself is an impetment to meaningful tax reform and also our tax code now presently yields just under 17%. we haven't run our country on that yield since 1959. and that's a long time ago before medicare and medicaid were even on the table. so revenues have to come up. expenses have to come down. and i'm asking our friends on the other side of the aisle to help us on the expense side. >> congressman, you decided not to seek another term in the house specifically because of that polarizing climate around the fiscal crisis. i want to read our viewers what you wrote on monday. we have a paralyzing gridlock in washington even as we stair into the jaws of incredibly serious challenges as a nation. it is time for republican soul searching. it's time for grassroots republicans all across the country to recognize that they have been manipulated
the second district sent a businessman to washington. i go where the numbers lead me. and a careful analysis of our budget and trying to reconcile that with the americans for tax reform pledge led me to the clear decision that the pledge itself is an impetment to meaningful tax reform and also our tax code now presently yields just under 17%. we haven't run our country on that yield since 1959. and that's a long time ago before medicare and medicaid were even on the table. so revenues have to...
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Nov 27, 2012
11/12
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FBC
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but no deal in washington on this fiscal cliff. if you were there, how would you get a deal done, you can tweet us, we'll read the best answers at the end. but a lot of have you been getting mean with me, and personal insults, we will not tolerate it. -- but we will, because we don't get a lot, if we did we would show discretion. anything bad you have to say, send it to lou dobbs, -- kidding. >> meanwhile, white house morning that uncertainty over fiscal cliff tax hikes could keep holiday shoppers from spending. and katie said, mr. president look in the mirror, do something about it. right now know onus on republico make concessions on revenues. part of those consequences from elections were boein both sidesg a little, i see it just one way thus far. >> we have white house coming out with the economic numbers warning that middle class might not go out and spend on holiday gifts. neil: do you believe it? >> i don't. neil: all right, it would take a ama c truck and a thum thermonur reactioning to stop my wife. >> they are trying to u
but no deal in washington on this fiscal cliff. if you were there, how would you get a deal done, you can tweet us, we'll read the best answers at the end. but a lot of have you been getting mean with me, and personal insults, we will not tolerate it. -- but we will, because we don't get a lot, if we did we would show discretion. anything bad you have to say, send it to lou dobbs, -- kidding. >> meanwhile, white house morning that uncertainty over fiscal cliff tax hikes could keep holiday...
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Nov 27, 2012
11/12
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FBC
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the "washington post" saying that, of course. meanwhile, a prominent republicans saying they may abandon their pledges altogether >> i am not obligated on the pledge. the only thing i'm honoring is the oath that i take when i serve when i am sworn in. >> the pledge is signed. it is with of congress. >> $16 trillion in debt. the only place we should be making to each other is to avoid becoming grece. i will violate the pledge, long story short for the good of the country. lou: joining us now, the former congressional budget office director. president of the american action forum. great to have you with this. what do you make of those folks? they're going after grover, throwing their pledges out. i love the senator. the only thing he will honor -- somebody has to tell the man had that sounds. >> i think honestly this is politics over economic common-sense. we know a couple of things. number one, we already have tax increases coming. health care reform, affordable care act. so they are coming. a better idea in this economy, and ever
the "washington post" saying that, of course. meanwhile, a prominent republicans saying they may abandon their pledges altogether >> i am not obligated on the pledge. the only thing i'm honoring is the oath that i take when i serve when i am sworn in. >> the pledge is signed. it is with of congress. >> $16 trillion in debt. the only place we should be making to each other is to avoid becoming grece. i will violate the pledge, long story short for the good of the...
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Nov 28, 2012
11/12
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CSPAN
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you cannot say that about much in washington. social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. small changes made today in social security will play out over the long run to buy us solvency for a long time. we should take perhaps all the security off the table but be very honest but we will achieve in the near term. i think we should create the equivalent of eight simpson- bowles region of a simpson- bowles, and come up with a plan to buy 75 years of salt with the rigid of solvency. i might add a wrinkle here. every 10 years, a similar commission ought to be created. let's not get into this mess where we have six months to go with social security. you know how important it is for people. people are devastated by the recession and their pension plans lost. it is important to us, our kids come and grandchildren. i think we should create a commission that will report back to congress before a vote by the end of the next ca
you cannot say that about much in washington. social security has not added one penny to the deficit. for those who say there is good reason to push it off the table and wait, i would add a note of caution. small changes made today in social security will play out over the long run to buy us solvency for a long time. we should take perhaps all the security off the table but be very honest but we will achieve in the near term. i think we should create the equivalent of eight simpson- bowles...
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Nov 27, 2012
11/12
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FOXNEWSW
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we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said i'm not going to vote on this. if you want higher tax increases, boehner brings it to the floor. they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the
we worked in washington. the chances of it really happening on c-span would happen in the men's room and the hallways. call each other after the camera left the room. someone brought this idea to me and it's really crazy. what if republicans said i'm not going to vote on this. if you want higher tax increases, boehner brings it to the floor. they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian:...
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Nov 11, 2012
11/12
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washington state voted to not have a tax on millionaires. people finally look at the amount of money that jerry brown had to spend to get that initiative across the finish line. it is not a strong argument that is a popular thing. i am all in favor of california experimenting on itself. i think it is a fair to do a more of a petri dish in california, but they are having an experiment. most americans have been leaving california. people from california leave. states like maryland experimented with the millionaires' tax the other day. people were leaving. it is helpful to have the states to give you a lesson on what happens when you decide to raise taxes on the rich. they move a. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan
washington state voted to not have a tax on millionaires. people finally look at the amount of money that jerry brown had to spend to get that initiative across the finish line. it is not a strong argument that is a popular thing. i am all in favor of california experimenting on itself. i think it is a fair to do a more of a petri dish in california, but they are having an experiment. most americans have been leaving california. people from california leave. states like maryland experimented...
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Nov 27, 2012
11/12
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i'm chris matthews in washington. let's start with this. republicans must think they own the white house. i say this as someone who has watched them before and after the election. from the heights of george f. will to the depths of glenn beck, they were predicting not just victory, but a glorious one in this election. what made them think so? the polls were tight but favoring president obama. what north star was guiding the gop convincing them that the white house would be back in their hands in january?
i'm chris matthews in washington. let's start with this. republicans must think they own the white house. i say this as someone who has watched them before and after the election. from the heights of george f. will to the depths of glenn beck, they were predicting not just victory, but a glorious one in this election. what made them think so? the polls were tight but favoring president obama. what north star was guiding the gop convincing them that the white house would be back in their hands...
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Nov 28, 2012
11/12
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>> i would not underestimate the influence that these guys have in washington. some have been part of obama's inner circle. jeffrey has sat on the head of the jobs council. the ceo of boeing is the chairman of the export council. so they do have a lot of influence. they contribute a lot to political campaigns and they have lobbyists crawling all over washington to speak for them. >> eliot: bill, you've seen it. why do they hold such sway? the scoundrels of the economic cataclysm. why do they still walk back in there and people lay down the red carpet? >> eliot it's money. it is not that much either. if you look at the top -- eight of the top ten supporters of obama in 2008 were wall street firms, this time around, eight of the top ten biggest supporters for romney were wall street firms. it is not that much money. it is like a million and a half bucks coming out of goldman sachs. number one biggest supporter for romney. they can get a lot of influence. this isn't new. this has been going on for 100 years. sidney weinberg was going back and forth between fdr's ca
>> i would not underestimate the influence that these guys have in washington. some have been part of obama's inner circle. jeffrey has sat on the head of the jobs council. the ceo of boeing is the chairman of the export council. so they do have a lot of influence. they contribute a lot to political campaigns and they have lobbyists crawling all over washington to speak for them. >> eliot: bill, you've seen it. why do they hold such sway? the scoundrels of the economic cataclysm....
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Nov 26, 2012
11/12
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FOXNEWSW
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i vote in washington, dc. the people that congresser promised or chambliss promised, or graham promised, are in their state. they have not promised me anything they promised the voters of their state, they would go to washington and reform government, not raise taxes to pay for obama's bigger government. they need to focus on reforming government, not on raising taxes to pay for bigger government each year, and it is a lot of working, it is not easy, but throwing up your hands and saying, maybe i will raise taxes rather than governing, that is not the way to go. >>neil: thank you, grover. grover nor quit. from hikes to taxes to maybe, no more hits on u.n. ambassador susan rice, why are republicans now willing to hear her out? my next guest is ready to give the grand old party a grand old whooping. with verizon. this monday online only. get the droid razr by motorola in cranberry, free. or a white 7-inch samsung gaxy tab 2, just $99.99. this holiday, get the best deals on the best devices on the best network. e
i vote in washington, dc. the people that congresser promised or chambliss promised, or graham promised, are in their state. they have not promised me anything they promised the voters of their state, they would go to washington and reform government, not raise taxes to pay for obama's bigger government. they need to focus on reforming government, not on raising taxes to pay for bigger government each year, and it is a lot of working, it is not easy, but throwing up your hands and saying, maybe...
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Nov 11, 2012
11/12
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. >> as washington likes are against this grover norquist. they are noted for the anti-tax plans. our panel of journalists, steven sloan from politico and russell berman from "the hill" >> thank you for being here. i want to talk about your interpretation of the election and what it means for the direction of tax policy. >> we had a split decision appeared the president won by two points. he won by 7.2 years ago against a war hero. he and 9 million fewer votes. he is a lame duck now. he said he was interested in raising taxes a year from now on anyone. his physician from four years ago was that they would not raise taxes on anyone. he was very clear and no taxes if you made less than $250,000. this year august 8, he started with a new framework. my plan is that i will not raise taxes on anyone who earns less than $250,000 a year. his only promising -- he is only promising not to raise income taxes. this is not include energy taxes. is only promising to protect income taxes for one year. at the end of the year, he has promised the middle-class nothing. you have one guy says he will
. >> as washington likes are against this grover norquist. they are noted for the anti-tax plans. our panel of journalists, steven sloan from politico and russell berman from "the hill" >> thank you for being here. i want to talk about your interpretation of the election and what it means for the direction of tax policy. >> we had a split decision appeared the president won by two points. he won by 7.2 years ago against a war hero. he and 9 million fewer votes. he is...
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Nov 27, 2012
11/12
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conducting a fly-in lobbying day there in washington, d.c. this is where union leaders from 33 states are going to pressure their representatives to let the bush tax cuts expire and keep social security out of the fiscal cliff negotiations. lawmakers are being presented with this written letter in part by richard trumpka who is the president of that. accusing republicans of holding the economy hostage in that letter saying the ransom demands are tax cuts for the wealthy and benefit cuts for working people. how do you respond to him saying that basically the right is holding hostage takers basically of the american economy at the expense of the working man for the benefit of the wealthiest americans? >> the only senators i've heard, you know, threaten the american public in terms of taking the economy off the fiscal cliff is harry reid, president obama, he says he wants to compromise. he says there's only two options here, take the economy off the fiscal cliff or do it my way. that doesn't sound like something he's willing to negotiate in good
conducting a fly-in lobbying day there in washington, d.c. this is where union leaders from 33 states are going to pressure their representatives to let the bush tax cuts expire and keep social security out of the fiscal cliff negotiations. lawmakers are being presented with this written letter in part by richard trumpka who is the president of that. accusing republicans of holding the economy hostage in that letter saying the ransom demands are tax cuts for the wealthy and benefit cuts for...
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Nov 26, 2012
11/12
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more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> republicans throwing down the hammer on talk of ambassador susan rice as secretary of state may be softening their tone. after weeks of targeting rice over intelligence related to the attack on the u.s. consulate in benghazi, the white house and the ambassador herself appear to have stemmed some of that criticism. here was the weekly standards over the weekend. >> i rather think he will appoint susan rice, and i think i am not a huge fan of hers, but i think she is likely to be confirmed by the senate. john kerry may be a worse secretary of state so maybe one let's him go ahead and have the secretary of state he wants. >> secretary of
more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. >>> republicans throwing down the hammer on talk of...
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Nov 27, 2012
11/12
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he's a washington guy, a lobbiest and wants to find a way out. >> thank you very much for joining me. >> coming up, warren buffett exposes the dirty little money secret of fellow rich guys, rush limbaugh and bill o'reilly and big news. chris christie is running and later, think about this. who is more christ like? the brave defender of christmas or the actor writer director, is bill o'reilly or ricky gervais more christlike? tweet us your answer and it will be in tonight's rewrite. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase,
he's a washington guy, a lobbiest and wants to find a way out. >> thank you very much for joining me. >> coming up, warren buffett exposes the dirty little money secret of fellow rich guys, rush limbaugh and bill o'reilly and big news. chris christie is running and later, think about this. who is more christ like? the brave defender of christmas or the actor writer director, is bill o'reilly or ricky gervais more christlike? tweet us your answer and it will be in tonight's rewrite....
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Nov 26, 2012
11/12
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she's been around washington for a long time, been involved with some organizations here in town over the past several years. she was an acting sec chair during 2009, the transition between the bush and obama administrations. but already people are starting to turn to the legacy here of mary shapiro who took office, as you recall, right in the depths of the financial crisis and right off the fraud by bermy nay do have had been exposed throughout the world with far reaching implications for the sechlt. c and how it governed regulation over financial markets. already folks looking at the legacy of shapiro. s.e.c. pointing out today that they've got a record number of enforcement actions in the past two years. 1,469, to be precise. also huge expanse of dodd-frank rule makings will be part of her legacy here. and response to the flash crash, another item that's going to be long lasting after she leaves this building on december 12 p. exchanges there forced to create an audit trail for the first time. financial historians will be digging through what mary shapiro's done for years to come.
she's been around washington for a long time, been involved with some organizations here in town over the past several years. she was an acting sec chair during 2009, the transition between the bush and obama administrations. but already people are starting to turn to the legacy here of mary shapiro who took office, as you recall, right in the depths of the financial crisis and right off the fraud by bermy nay do have had been exposed throughout the world with far reaching implications for the...
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Nov 26, 2012
11/12
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john harwood with the latest from washington now. john? >> tyler, i'm pretty sure those congressional leaders' bellies were full even before thanksgiving. as you can see from the meeting they had just before the thanksgiving break, they were off to a smiling start with the president of the united states but there hasn't been much progress made since then. let's go over the fiscal cliff by numbers. first of all, they're all one. there's one month left before we go over the cliff if nothing is done. two, there's 1.4 percentage points that the white house says would be shaved off of gdp if middle class taxes go up between now and then. there's about $1 trillion which a democratic aide in the senate tells me they would need for a down payment deal to be done by the end of the year with the remaining three-quarters of the deal to be done early next year if they're going to get one. finally, there was one phone call over the weekend between president obama and house speaker john boehner. now i just heard from a white house official that tom done
john harwood with the latest from washington now. john? >> tyler, i'm pretty sure those congressional leaders' bellies were full even before thanksgiving. as you can see from the meeting they had just before the thanksgiving break, they were off to a smiling start with the president of the united states but there hasn't been much progress made since then. let's go over the fiscal cliff by numbers. first of all, they're all one. there's one month left before we go over the cliff if nothing...
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Nov 17, 2012
11/12
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wall street tanks after a washington debacle. with the fiscal cliff looming, how can you protect your savings and investments? americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members who've chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. go long. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through di
wall street tanks after a washington debacle. with the fiscal cliff looming, how can you protect your savings and investments? americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of...
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Nov 27, 2012
11/12
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washington is the problem, it's not the solution. and we need to shrink the size of government and get the federal government out of our lives. and when we stick to that message like we did in 2010, i think we'll be more victorious. >> i'm also curious, i've heard two different things from people who consider themselves supporters of the tea party. one is that absolutely, unequivocally, our candidates, meaning tea party candidates, have to stick to these very conservative principles, particularly regarding finances. on the other side, they say a republican, even a moderate republican is better than a democrat. and i know that there are conservative groups mounting, considering mounting challenges to republican senators they think aren't conservative enough, people like lindsey graham, lamar alexander, saxby chambliss. are you in favor of challenging senators like that? >> well, you know, tea party express, we have gone out and we have launched primary challenges. there's no doubt about that. and that shows that if nothing else, we're
washington is the problem, it's not the solution. and we need to shrink the size of government and get the federal government out of our lives. and when we stick to that message like we did in 2010, i think we'll be more victorious. >> i'm also curious, i've heard two different things from people who consider themselves supporters of the tea party. one is that absolutely, unequivocally, our candidates, meaning tea party candidates, have to stick to these very conservative principles,...
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Nov 27, 2012
11/12
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good day, i'm andrea mitchell live in washington. no joke today on capitol hill. ambassador susan rice's attempt to clear the air with republicans over benghazi did not work as the white house had hoped. senators mccain, ayotte and graham say they have more questions than they had before rice's comments about benghazi. >> we are significantly troubled by many of the answers that we got and some that we didn't get it. >> if you don't know what happened just say you don't know what happened. people can push you to give explanations and you can say i don't want to give bad information. >> that's troubling to me as well, why she wouldn't have asked, i'm the person that doesn't know anything about this, i'm going on every single show. >> joining me now for our daily fix, chris cizilla, msnbc contributor managing editor of post politics.com and our own nbc capitol hill correspondent kelly o'donnell. well, this was pretty tense. chris, first to you. you've seen a lot of confirmation battles. this really did seem like an escalation, a warning shot. >> maybe they come out
good day, i'm andrea mitchell live in washington. no joke today on capitol hill. ambassador susan rice's attempt to clear the air with republicans over benghazi did not work as the white house had hoped. senators mccain, ayotte and graham say they have more questions than they had before rice's comments about benghazi. >> we are significantly troubled by many of the answers that we got and some that we didn't get it. >> if you don't know what happened just say you don't know what...
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Nov 26, 2012
11/12
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rich edson down in washington. more than 40% of the nearly 5 million americans that receive unemployment insurance and benefits are set to lose those in federal programs expire as scheduled at the end of the year. we have the editorial page editor for the washington examiner joining us now from the nation's capital. is now a good time to let them expire? >> there really is no good solution now. this has been handled so poorly since the beginning of the obama stimulus package. when benefits were extended, and this was 99 weeks, that is such a long time to lengthen benefits. you put people in a position where they will keep looking and hold out for jobs that are way better than anything that is available. in this economy right now, there is nothing decent available. especially people in the age 25 to 54 age bracket. they are not getting any jobs back that they lost in the crash. although growth is an old people. so, you know, you put a whole generation of people's careers on hold. they think they can hold out. they d
rich edson down in washington. more than 40% of the nearly 5 million americans that receive unemployment insurance and benefits are set to lose those in federal programs expire as scheduled at the end of the year. we have the editorial page editor for the washington examiner joining us now from the nation's capital. is now a good time to let them expire? >> there really is no good solution now. this has been handled so poorly since the beginning of the obama stimulus package. when...
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Nov 26, 2012
11/12
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joining the company from washington is nicholas eberstadt with the american enterprise institute and the author of a nation of takers, america's entitlement epidemic. mr. eberstadt is the expert on this subject. welcome to the program. good to have you with us sir. >> thank you for inviting me. stuart: do you know of any plan from president obama or any leading democrat that really does reform entitlements? >> certainly the white house has not offered any glimpse into any thinking in that regard. i haven't heard or seen anything from the senate side in that regard either. there are some democrats who have talked about entitlement reform, like on the bowles simpson commission, but they seemed to have been pretty well relegated to -- stuart: this is my opinion that the president may pay lip service in terms of doing something about entitlements but will not go through with real reform. i think he will just simply delay any change to the basic entitlement system and just go on borrowing the money to pay for it. again, this is a very -- this is an opinion on my part. what do you say? >>
joining the company from washington is nicholas eberstadt with the american enterprise institute and the author of a nation of takers, america's entitlement epidemic. mr. eberstadt is the expert on this subject. welcome to the program. good to have you with us sir. >> thank you for inviting me. stuart: do you know of any plan from president obama or any leading democrat that really does reform entitlements? >> certainly the white house has not offered any glimpse into any thinking...
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Nov 28, 2012
11/12
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the white house says the focus on rice is about washington politics. >> people are more interested in talking points from a sunday show than they are about finding out what happened in benghazi. >> reporter: that attack now a front line for a political battle on capitol hill. brian mooar, nbc news, washington. >>> elsewhere, the tampa socialite caught up in the scandal involving david petraeus is going on the offensive. after two weeks of silence, kelley's lawyer has released e-mails designed to prove she never acted inappropriately. one letter demands to know who in the government leaked kelley's name to the media after she received e-mail from paula broadwell. meantime the investigation into e-mails between kelley and general john allen has been narrowed down to between 60 and 70 messages that according to a defense official, quote, bear a fair amount of scrutiny. >>> on a much lighter night, tonight is the night when someone could win the largest power ball jackpot in history. it's $500 million and counting. lottery officials say with brisk sales, the estimated jackpot could rise a
the white house says the focus on rice is about washington politics. >> people are more interested in talking points from a sunday show than they are about finding out what happened in benghazi. >> reporter: that attack now a front line for a political battle on capitol hill. brian mooar, nbc news, washington. >>> elsewhere, the tampa socialite caught up in the scandal involving david petraeus is going on the offensive. after two weeks of silence, kelley's lawyer has...
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Nov 21, 2012
11/12
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: federal reserve chairman ben bernanke came to new york city today to send a tough message back to washington-- get your act together. he urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be "a very good one for the economy." ben bernanke didn't endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. he said an agreement on ways to reduce long-term federal budget deficits could remove road blocks to growth. on the other hand, going over the cliff might mean a recession. on top of that, worries about a deal were already causing trouble. >> uncertainty about how the fiscal cliff, the raising of the debt limit, and the longer-term budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. >> susie: wall street and business leaders were pleased that bernanke was talking tough. and they said the fed's role in the fiscal cliff negotiations
: federal reserve chairman ben bernanke came to new york city today to send a tough message back to washington-- get your act together. he urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be "a very good one for the economy." ben bernanke didn't endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. he said an agreement on ways to reduce long-term...
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Nov 22, 2012
11/12
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in washington and so we need to really -- where the republicans should start right now is a top to bottom review of what happened. let's do a full scale audit and understand what the obama campaign did. what is disturbing about romney and ryan's comments is the degree to which they will be repeated inside the conservative media because it didn't happen. we lost the election, that's over. it's about the next election now. so you want to start with an honest appraisal of what happened in this election. who parts of their coalition are we able to pick off. who can we reach and what messaging can we use to reach them? how do we reach them? so you want to have a top to bottom review of what happened. you want to look at the technology they used to turn out the vote and say not only do we want to equal that in four years but surpass it. but if you delude yourself into believing that as romney and ryan said the election was determined for the reasons they said you don't have the to be able do that. so when you should be at this low moment taking your first steps to building a team to win the nex
in washington and so we need to really -- where the republicans should start right now is a top to bottom review of what happened. let's do a full scale audit and understand what the obama campaign did. what is disturbing about romney and ryan's comments is the degree to which they will be repeated inside the conservative media because it didn't happen. we lost the election, that's over. it's about the next election now. so you want to start with an honest appraisal of what happened in this...
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Nov 24, 2012
11/12
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. >> this is the washington game with the scandal brewing, i get out of town. >> about the president using the language of the former military government to refer to myanmar? i know what to make of that. i hope he would take the opportunity with those tactics he should make it clear to china with the hostility is between our allies, japan and the philippines the mutual defense treaty brought into play. anything less than that did not detour tie never aggressive tactics. lou: and despite the involvement of united nations secretary general it could turn into the operation the israelis threatened in a matter of. >> that certainly is a possibility. whose supplies hamas? iran. look at the conflict. egypt has a hand from morsi and the disastrous economic policies. but taking on the nuclear issue, of face it. iran his benetton war over 34 years. was just another active for firing on the unmanned drone. they did not come forth to meet the challenge. lou: as you point* out the national media i ran in this context not take note of the president's agenda and the absence of china on the specific
. >> this is the washington game with the scandal brewing, i get out of town. >> about the president using the language of the former military government to refer to myanmar? i know what to make of that. i hope he would take the opportunity with those tactics he should make it clear to china with the hostility is between our allies, japan and the philippines the mutual defense treaty brought into play. anything less than that did not detour tie never aggressive tactics. lou: and...
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Nov 28, 2012
11/12
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how is wall street reacting to washington? guest: greta, there is a sense that the fiscal cliff as an important issue the idea being if you raise taxes and cut spending at a time when the economy may not be able to sustain it that you could flip back into an economic downturn or recession. as you see these arguments play out, it is taking its toll on sentiment. much of wall street is driven really around how they feel about the future and what that means. will consumers because of their sons and it spend more money? likewise, will investors, bullish or bearish, will they go out there and actually buy stocks or invest for the longer term? that's the real issue here. that is where the fiscal cliff is so important. host: what are investors doing? what are they not doing? guest: there is a bit of a head wind right now. the s&p 500 actually hit 666 intraday in march 2009. we are now in the low 1400's, so a doubling of the stock market as measured by the s&p 500, the large caps stock-index. the question then becomes whether or not t
how is wall street reacting to washington? guest: greta, there is a sense that the fiscal cliff as an important issue the idea being if you raise taxes and cut spending at a time when the economy may not be able to sustain it that you could flip back into an economic downturn or recession. as you see these arguments play out, it is taking its toll on sentiment. much of wall street is driven really around how they feel about the future and what that means. will consumers because of their sons...
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Nov 27, 2012
11/12
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here are the straightforward points that he makes central to the debate that is now gripping washington and has mesmerized wall street. recall this wisdom comes from the oracle of omaha the wiseman of finances, the points may sound familiar but the source, warren buffet, is what matters so much. point one raising the marginal tax rate to clinton era levels will not have any impact on investment decisions an indeed our growth during periods of much higher marginal rates than those apply now was robust benefiting both the wealthy and the middle class. recall, this was the same conclusion that the crs reached in a report republicans tried to suppress as i reported a few weeks ago. point two cuts in tax rates have given, as he calls it a huge tailwind to the super rich. an average tax of 26.4% in 1992 but only 19.9% in 2009, an average income of $202 million. buffet said this is an outrage. his answer, an absolute minimum tax of 30% on income between a million dollars and $10 million 35 above that. no loopholes. no hidden games keep it simple. finally the most important point, point 4 going
here are the straightforward points that he makes central to the debate that is now gripping washington and has mesmerized wall street. recall this wisdom comes from the oracle of omaha the wiseman of finances, the points may sound familiar but the source, warren buffet, is what matters so much. point one raising the marginal tax rate to clinton era levels will not have any impact on investment decisions an indeed our growth during periods of much higher marginal rates than those apply now was...
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Nov 29, 2012
11/12
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while in washington, mr. romney also reportedly will visit with his former running mate paul ryan of wisconsin who is heavily golved in the g.o.p.'s negotiations with the obama administration to solve the government's fiscal cliff. since the election, mr. rom knit has secluded himself from the media at his southern california home making no public appearances but has bad photographed killing his car at a local gas station and taking a day trip with his grandchildren to nearby disneyland. linden in bristol, virginia on our democrats line. the g.o.p. says to address the spending problem, what do you think? caller: i kind of agree more with the president that it should be a balanced approach. yes, we probably do have a spending problem. i agree. but i definitely believe that there is a problem with our revenue and you know, to go back for guys who make billions or millions of dollars every year and just interest alone, who -- a secretary to work every day does that 40 hour a week. so i think it's a balanced appr
while in washington, mr. romney also reportedly will visit with his former running mate paul ryan of wisconsin who is heavily golved in the g.o.p.'s negotiations with the obama administration to solve the government's fiscal cliff. since the election, mr. rom knit has secluded himself from the media at his southern california home making no public appearances but has bad photographed killing his car at a local gas station and taking a day trip with his grandchildren to nearby disneyland. linden...
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Nov 29, 2012
11/12
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but i'm not going to vote to bring more revenue to washington. i want less money coming to washington, less money spent up here. that's how you get the my to grow. we're not going to have more economic growth if we send more money to washington. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out in significant detail, there's not going to be a deal, you know, between now and december 31st. and all americans, middle class, rich, they are all going to see their tax rates going up january 1st. how are you going to feel about that? >> the thing is last year we did make a deal. the president came forward and said when you have slow growth less than 2%, raising taxes would be a bad idea. we have less than 2% growth, why would raising taxes now be a good idea? it is still a bad idea and i think while i think there is room for a prom promise, i don't think one person gets to decide where the compromise is. >> senator, the administration, the president who was re-elected, impressive electoral college
but i'm not going to vote to bring more revenue to washington. i want less money coming to washington, less money spent up here. that's how you get the my to grow. we're not going to have more economic growth if we send more money to washington. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out in significant detail, there's not going to be a deal, you know, between now and december 31st. and all americans, middle class, rich, they...
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Nov 3, 2012
11/12
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washington does not work for them. they work for those who can hire and an army of lobbyists and lawyers. that is why i am in this race. what is america's middle-class tax the people who work hard and play by the rules, and invest in the future. they believe if they do those things, their kids are going to have a better chance than they did and their grandkids are going to have a better chance than that. that is what i see as the two different missions in this race overall. the race in massachusetts and the race nationally. the republicans have a vision. cut taxes for those at the top and let the chips fall where they may for everybody else. i think we can do better for that. we can do better than that for america's middle-class and working families, and america's poor families who want those opportunities. i believe everybody pays a fair scared. -- fair share. that means the millionaires. that means the billionaires. that means the big oil companies. [applause] then we make those investments in the future. we invest i
washington does not work for them. they work for those who can hire and an army of lobbyists and lawyers. that is why i am in this race. what is america's middle-class tax the people who work hard and play by the rules, and invest in the future. they believe if they do those things, their kids are going to have a better chance than they did and their grandkids are going to have a better chance than that. that is what i see as the two different missions in this race overall. the race in...